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What Is Driving Internet Computer (ICP)’s Nearly 40% Rebound?

BeInCrypto
Internet Computer (ICP) surged nearly 40% following the release of the MISSION70 whitepaper detailing plans to cut inflation by 70% by 2026.

Summary

Internet Computer (ICP) experienced a significant rally, surging over 39% in a week, largely driven by the release of the MISSION70 whitepaper by the DFINITY Team on January 13, 2026. This paper outlines a dual strategy to reduce ICP token inflation by 70% by the end of 2026, moving it from 9.72% to 2.92%.

The strategy involves supply-side reforms, which account for a 44% reduction through measures like lowering voting and node provider rewards, and demand-side acceleration, requiring a 26% boost from increased network usage, particularly through AI-powered applications and new cloud engine products that burn ICP computational fees.

Market response has been positive, with ICP leading daily crypto gainers. On-chain data supports investor confidence, showing a sharp decline of over 58% in ICP exchange balances, suggesting holders are moving tokens off exchanges, and network transaction volume reached a one-month high.

(Source:BeInCrypto)